Common use of Replacement Plan Clause in Contracts

Replacement Plan. If you purchased a Replacement Plan, in the event of a covered claim, We will replace the Product with a new, rebuilt or refurbished Product of equal or similar features and functionality, not necessarily the same brand, or, at Our sole discretion, reimburse You for the replacement of the Product. Replacement of Your Product will fulfill this Service Agreement in its entirety and will discharge all further obligations under this Service Agreement, where allowed by law. Replacement products will include a manufacturer’s warranty and You will have the opportunity to purchase a new Service Agreement if the replacement product is eligible for coverage. The Replacement Plan is limited to one replacement for products purchased for less than $500.00, excluding tax, and does not cover trip, labor or shipping charges. The Replacement Plan is not transferable. Note: The Replacement Plan does not provide any of the benefits under the OPTIONAL COVERAGES or ADDITIONAL BENEFITS TO YOUR SERVICE AGREEMENT sections.

Replacement Plan. If you You purchased a Replacement Plan, in the event of a covered claim, We will replace the Product with a new, rebuilt or refurbished Product of equal or similar features and functionality, not necessarily the same brand, or, at Our sole discretion, reimburse You for the replacement of the Product. Replacement of Your Product will fulfill this Service Agreement in its entirety and will discharge all further obligations under this Service Agreement, where allowed by law. Replacement products will include a manufacturer’s warranty and You will have the opportunity to purchase a new Service Agreement if the replacement product is eligible for coverage. The Replacement Plan is limited to one replacement for products Products purchased for less than $500.00, ; excluding tax, and does not cover trip, labor or shipping charges. The Replacement Plan is not transferable. Note: The Replacement Plan does not provide any of the benefits under the “OPTIONAL COVERAGES COVERAGES” or “ADDITIONAL BENEFITS TO YOUR SERVICE AGREEMENT AGREEMENT” sections.